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at the takingrg defense summit place at the ronald reagan building. we spoke with senator mark warner. tony hawk will talk about the olympic sports and maybe a little bit of white house exploits. let's get headlines from olivia sterns. close of u.s. trading, jcpenney, the struggling retailer posted its first quarterly profit in more than two years and shares rallied in after-hours trades. retailers return to discounting at last. was $35 million in the quarter compared to a loss year earlier.n a a little bit better numbers from jcpenney but coming off of a very low comparative figure. tesla out with details on its so-called giga factory plants. this could help to drive down the battery packs. they hope to make investments my the year 2020. they will invest $2 billion. aboutlso see volume at 500,000. an activist investor carl icon escalating his attack on john donahoe, the ebay ceo. carl icahn sent his letter to shareholders highlighting the leadership of mark andreessen and scott cook. ebay holds the claims quote ebay calledlse -- the claims "blatantly false." >> my next guest turned what kids di
in the defense department fiscal year 2015 badges admission. it goes about pain that make in spending choices as having more losers than winners due to the fact that budgets are tight and could get even tighter is no way to win a popularity contest. in many respects, there is something in the package to set up just about everybody's alarm bells and on which meter. from my perspective and as i hope my remarks will make clear, the two categories of stakeholders most protected from these changes are people we should all feel the most accountable to. the average american fighting man woman in the average american taxpayer. to best take advantage of our time today as well as this informed audience, i thought i would might be useful to provide a broader context, thought processes and strategic shift underlined the fy 2015 proposal. we are unveiling this latest budget at a time of continued transition and insurgency for the u.s. military in terms of its role, mission and available resources. the past decade has dominated by the protected land wars in the middle east and virtually shut. today, in eve
that government investment and flood defenses has fallen. in the light of this an event we have seen, does the prime minister think it's right to revisit the plan for investment and flood defense? >> we will look very carefully at the plan for flood defenses but, of course, without spending figures all the way out to 2020, not all of which are fully committed which are major investments in budget defenses but i said two weeks ago as the waters reside and as a bea and others can look at what happened, we can review and see what new measures might be necessary. let me just repeat the point that in his four-year period and, indeed, in this parliament overall spending on flood defense has gone up. >> mr. speaker, i'm afraid the figures the primus is quoting are phony and i believe he knows this. [shouting] this is what the uk -- this is what the uk statistical process i know they don't want to hear. they say this, government funding for flood defenses were lower in both nominal and real terms during the current period than since the last. the only way you claim otherwise is by ignoring inflati
. details ahead. ♪ >> u.s. defense secretary chuck hagel is digging in for what likely will be a battle with congress over proposed defense cuts. it would shrink the size of the army and eliminate some older weapons programs. the secretary laid out his plans yesterday. >> this is a time for reality. this recognizes the magnitude of the reality of our fiscal challenges, the dangerous world we live in, and the american military's unique and indispensable role in the security of this country and in today's volatile world. >> for more insight i want to bring in robert levinson. he is a retired colonel from the u.s. air force and has more than two decades of service and joining us, larry korb. they are both joining us from washington, d.c. if you could explain based on your experience and your reading of the proposed defense budget put forth yesterday, what is your initial reaction? >> basically, it is higher than we would have expected a year ago because you had the budget deal that gave some relief from sequestration. even if you control for inflation is higher in real terms than it was du
that president obama is getting what we talked about yesterday, a long term goal was to shrink down our defense and expand the welfare state. here's my question. what do you think the american people care about most? the military or the welfare state? >> i think there's competing priorities, and that american people elect leaders to represent them and this isn't necessarily what america would want. of course, it's not easy to make cuts in any regard, and in fact, they did some military cuts to pension growth in the future, just in december, two months later, the congress restored the cuts. it's very difficult to do any sort of cutting. i do think that jay of national review wrote a great piece today about president obama's goal to shrink the military overall. and that he wanted a republican secretary of defense to oversee that draw down as cover for his upcoming budget, which does definitely expand not just the welfare state, but spending on lots of different things, domestic programs. the priority, i'm always for more defense. i understand there could be cuts here and there, waste fraud, and s
. between the department of defense and the va and i know we're in the process of tearing that down. we're one family. when you take that oath and say i'm going to serve this country, it should go right on through. there shouldn't be this wall and this divide between the opportunities that exist to take care of our troops. electronic medical records that he spoke about, to me that is a shame and delays care, makes it more difficult to have a smooth flow of care. i do see positive things. i was at base luis mccord last year and seen start upprograms where they are focusing on transition at the time of ets. and it makes sense to me if you are disabled, getting a medical separation that your level of disability can be determined at that time and carry over into the va. instead of having to go through these processes and having redone the services. there's other things i see starting to take place and that's guiding as they are leaving the military into being able to use the skills they learned in the military and translate them into civilian work and helping them get there and guidance on
of our armed forces by secretary of defense chuck "hussein" hagel. >> new concerns about america's military readiness. >> the administration decided to slash america's military, raising major concerns about u.s. national security. >> growing outrage over the administration's proposal to cut our military to levels that have not been seen since world war ii. >> devastating cuts to our military. could this move by the obama administration now put your security at risk? >> stephen: nation, i am terrified. i hope that budget includes funding for new pants because mine just had a dishonorable discharge. ( laughter ) how is america going to defend itself after these cuts? i mean, what's left of our budget, anything? >> it's important to note here that our military still has a budget bigger than the next 10 military budgets in the world combined. >> stephen: only 10? ( laughter ) but what if we want to invade 11 countries? ( laughter ) of course we're nowhere near that capacity now, folks be, because the cuts in this budget are explicitly a rejection of the previous "fight two wars at
problems. that is coming up next. the defense department is cutting back on spending and we have reaction to the proposed budget. biden played defense during seth meyer's debut on "late night." >> i was planning on making an announcement tonight but i decided that tonight is your night. i hope you will invite me back. >> and 2016 plans? >> i'm going to run for president. ♪ >> this is "lunch money," on bloomberg television, streaming on your phone, your tablet, and bloomberg.com. i am adam johnson. google executive chairman eric schmidt donated $1 million of his own money to provide grants for organizations fighting local challenges. the idea came out of his best-selling book. it is entitled "the new digital age." charlie rose spoke with the authors. >> so many revolutions, the disclosures from snowden and the crises governments are facing -- we think that a lot of this is anticipated in the book. you judge but the important thing is the technology revolution is real and the power of citizens has importance. >> i want to talk about both of those things but also, you suggest we have not s
the case in arizona, businesses to use religion as a defense in a private lawsuit. so to give you an example of how that might play out, you know, let's say you live in a state where it's illegal to fire someone because they're gay. now, if one of these bills passes, that company could turn around and say, oh, hey, i think homosexuality is a sin, therefore i'm going to fire you and i don't need to abide by this law. so, you know, that lawsuit provision is a big deal. >> i know in some of the cases, in some of the states where they've been considering this, the lawsuit provision works in such a way not only can you not sue somebody for discriminating against you, but if you do, you have to pay their legal fees as well as your own so it's almost a punishment for even complaining about being discriminated against. it's fascinating stuff and fast-moves story. dana lieblson, reporter for "mother jones." nice to see you. >> thanks for having any. >>> the federal prosecutor's investigation of the george washington bridge scandal in chris christie's new jersey has taken a turn today. we'v
in the united states coming to the defense of gay and lesbian citizens. to finally be written in to full citizenship in this country. lgbt people. is, you know, literally not something i thought i would see in my lifetime. really. i'm gratifiedfy it and i am thrilled that you've seen attorney generals in virginia, now new mexico, refuse to defend. they're clearly unconstitutional anti-gay marriage bans. there's one other thing i wanted to note about arizona and its law. it's currently not illegal in arizona to discriminate against people based on their sexual orientation. right now people can be fired in arizona or denied services or thrown out of their apartments for being gay, lesbian, bi, or transgendered. so this law not only was completely unnecessary, but the vetoing of this law isn't going to protect lgbt people in arizona who are currently facing anti-queer discrimination. >> i mean, look, that's such an important point. you can cast this as in some ways a hopeful sign because as we're reporting the incredible united backlash to something bad. it's a long ways from full equality
by russia's defense minister who said it has nothing to do with ukraine. it's russia's forces going through an u unannounced test, basically making sure that the army, the navy, and the air force can react to any perceived threats as quickly as they should be able to. now they did say that the black sea fleet, which is based in crimea in ukraine is being adequately protected, and the fleet is being bumped up a bit, which is probably what you would expect for any country with overseas military assets near a country going through a revolution at the moment. although they have said that the military drills have nothing to do with what is going on in ukraine, there are probably people who are very high up in the defense ministry and russian government as well who are thinking that reminding russia's neighbors and it's rivals of russian military might at a time when it's influence in central and eastern europe has taken a big dent recently is certainly no bad to do from a russian geopolitical perspective. >> getlet's go to tim friend who has the latest from kiev. we understand that it's a novel
intelligence. who are they all? four of them, the largest are in the defense department. the national security agency which has been in the news a lot. the national geospatial intelligence agency where i worked for a couple of years. they take pictures from satellites. the defense intelligence agency does mostly intelligence matters. then, the national reconnaissance office which manages satellites. and a lot of people think you launch a satellite and it is just up there. no, you fly a satellite. you determine where it will be and then you maintain it. that is what they do. two intelligence agencies focused primarily on the united states. the fbi and the department of homeland security. they're concerned with threats and terrorist organizations and they work with state and local governments. then you have the treasury department. the drug enforcement agency. their work should be obvious. the energy department which is where my security clearance currently resides which looks after nuclear matters and energy matters. we also have each of the five armed forces as its own intelligence branch. you
. the defense minister insist they ave nothing to do with the political turmoil but the u.s. secretary of state warned it grave mistake for military intervention by moscow. occurred as protests broke out and the interim president bbc his nation is on the brink of financial disaster. this report from kiev. >> in these revolutionary days ukraine this is what it takes to form a government. the men and women selected to ministers were paraded on stage in independence square in a vast crowd. president said up popular decisions would have to default.to avoid there were angry shouts. hen the list of ministers was read out. most were applauded but some prote nationalist om a party objected that their to the e had not gone defense ministry. the new prime minister spoke to the bbc. >> we are on the brink of disaster and this is the government of political suicide ersz. welcome to hell. parliament utside they were removing the fences that kept the protesters out. now the people will be able to them directly. law and order is still in the numerous civil defense groups. today it was announced the hated riot
in the corners in the defensive line in the linebackers. i anticipate what they're going to do. i have prepared so well. >> what the defense of back is going to do? >> iwatch his feet and his hands. >> what does that tell you? what he's proceeding might happen? >> i'm trying to be ahead of the game. as i go to the line, i have the checklist in my head of the what is my progression. go-to guy air the force comes to worse. what is the second look? >> that is my alert look. i go from one to two to three, sometimes four. >> you primarily have three receivers. >> it depends on the game. every play is different. i go through my checklist. if it isn't there, that is when the scrambling and trying to make lace happens. i just try to be smart. my dad tommy and other coaches tommy, just salvage the play. if it is not there, other players are going to make plays for you later on in the game, just throw it away or get a positive gain. that is what i try to do. >> should we measure by career or, the super bowls? >> i think it has to be all-encompassing. either way they prepare, affect people, affect organiz
minister on tuesday. it's widely believed the current defense minister will run in the upcoming presidential elections. joining me now is david kirkpatrick. he is the cairo bureau chief of the "new york times." he wrote an in-depth investigative report on the ben gauzy attacks when christopher stevens was killed in september 2012. i'm pleased to have david kirkpatrick back at this table. welcome. >> it's good to be here. >> rose: you have been there and watched the arab spring wherever it is now unfold changing a region. >> yes i i was in egypt in time for the revolution there, i was there when khadafy fell. it's been breathtaking. >> rose: where is egypt today. >> it's very hard to know. as you mentioned, field marshall has likely to become the next president. he's the general who ousted egypt's first democratically elected president mohamed morsi of the muslim brother brotherh. he was embraced as a hero and he was promising stability when he ousted president morsi. right now, i think that promise looks very remote. most of the factors that contributed to the original upris
is a quarter million dollars. cheryl: you are coming out in defense of bitcoin? why would you defend bitcoin when you lost this amount of dollars? >> this isn't a problem with the bitcoin technology or protocol. it is a problem with one individual company, mount gox -- mount gox in japan. was a shady company that was not very trustworthy. they had problems for years and ultimately i got burned because i had fun there. cheryl: they're looking into mount gox to see if there is attribution, but you have a full defense of bit:in general and you say when it comes to regulators, quote, they are focused on amplifying and in cities destruction. this happened in the u.s. the federal reserve, they would have your back, you would get your $300,000 back. at this point you have got nothing so why blame regulators who could have stopped this and could have saved you? for what happened to mount gox but you can't regulate await incompetence and failure. that is what people try to do in the u.s. financial system and we're left with these too big to fail companies that posed systemic risks to the entire syste
in five years he had a korea's defense minister at the talks to god almighty said agriculture committees from both chambers of parliament adopted a resolution urging the government to maintain the tax he said negotiators from other nations understand that japan situation but he said that does not exempt or pan from taking action ahmadi said negotiators are urging japan to work toward a high level of trade liberalization. japanese trade officials plan to resume working level talks with the us soon. they hope to achieve a breakthrough before president barack obama visits japan in april the prices on wall street pulled back slightly on tuesday market sentiment was dampened by the league a series of us economic data which were weaker than most estimates the dow jones industrial average lost. i just bought a fifth of a percent to end at sixteen thousand one hundred seventy nine. what's the latest on the japanese markets in the gut seemingly at the chicken stock exchange illegal mining high the market starting the training session today twenty nine stocks are trading lower. and the opening lev
's defense minister has gone to some pains to dismiss. he is saying it has nothing to do with what is going on in ukraine at all; that basically the russia military goes through these kinds of tests fairly frequently. there have been six of them since february of 2013. and essentially what they are designed to do according to the defense minister, is -- is kind shape up the russian military and put it through its paces to make sure the air force and the army and the navy will respond as well as they can to any perceived threats, and they can't announce these things before they are going to happen because that would defeat the whole point of it, that these armed personnel need to be basically shocked into it, and to think that there is something real going on. but i think it would have gone through the heads of many people fairly high up in the russian government, giving a bit of display of russian military might, and show it off to its neighbors at a time when russian influence has taken a bit of a knock. >> rory thank you very much. again, russia saying it was all part of scheduled drills.
-called self-defense groupings. al jazerra's david mercer has this story. >> reporter: he raps about life in his town. battling the nights templar drug cartel and how their fight, however dangerous, will never be in vain. after living in oregon for the past 20 years, he returned to rural mexico where he was born, he soon found himself in the middle of a war. but instead of fleeing hennessy and his brother fought back. >> it's our town, it's our place, it's our home. what are we going do? why are we going to leave, man? >> reporter: hennessy says the templar cartel drove him to defend his people. >> when you go to a home just because you have guns and saying i am taking your daughter or this and that, that's wrong, man. >> reporter: hennessy, along with his father and brother, are part of a 20,000 strong vigilante movement that sprung up to combat the knights templar drug cartel. for years heavily armed cartel members have controlled hundreds of towns, extorting, kidnapping and killing, finally last year people had enough. tired of suspected ties between local law enforce. and the templars
be linked to what has been going on in ukraine. now the defense minister has said this has nothing to do with what is going on in ukraine. but two of the four military districts are going to be going on several days worth of military drills. now what essentially this amounts to is a testing of the military readiness of those particular districts. it involves some 150,000 armed personnel. it includes some of the baltic naval fleet and includes some of the air force as well. the defense minister says this has been taking place near some of russia's borders, but again, specifically saying this has nothing to do with what is going on in this the yukraine. now although there has been that statement, i think it is probably going through the minds of many people of the russian government that holding military drills at this moment, reminding russian's rivals of russian military might at a time when russia's prestige and influence in central and eastern kru krurp -- europe certainly wouldn't be a bad thing to do. >> rory thank you very much indeed. right now there appear to be two centers to the
've want to reelect the party that tries to bring in the budget problems. neil: nobleman who defense the spending democratic strategist, jessica, the argument you can say we will tram's 3 trillion of the debt when it will grow it just won't grow as much as we thought? is that telling the truth? >> it is important to note when we do things that are making a difference. the deficit here is coming down and has steadily since 2009. we have seen one of the most unproductive congress is we have had in the early one centuuy with all this gridlock. neil: this was my question though. i know the deficits are coming down. maybe there is a reassuring notion that it piles up on the president's precipitously to say it will be $3 trillion less than rates shot but it will still be neck-and-neck $8 trillion more. that is hoodwinking people. >> i did not go that far. neil: someone tells you it will fall $3 trillion don't you think it will fall? >> yes. neil: but go up 11 now goes up 8 trillion that is what you meant. >> you rarely hear a politician who was from this policy standpoint speaking to the s
obama over proposed defense cuts. what do the numbers really show? true politics tonight. >>> a mysterious polio-like illness striking kids in california leaving some paralyzed. doctors are stumped, parents are terrified. dr. sanjay gupta joins me straight ahe. ing. an expert ford technician knows your car's health depends on a full, complete checkup. the works. because when it comes to feeling safe behind the wheel, going the distance and saving at the pump you want it all. get our multi-point inspection with a a synthetic blend oil change, tire rotation, brake inspection and more for $29.95 or less. get a complete vehicle checkup. only at your ford dealer. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking via
of other dramatic cuts in the defense budget over the first five years of his administration. and i'm talking now exit wars in iraq and afghanistan. cuts to the base levels of the budget. i think it's consistent with his ideology. i think is he very deliberately trying to down size our military capabilities to make the united states, in his view, less provocative in the world. >> all right. he made a statement, the president did, that you cited in one of the interviews you did with fox news, that having this close colossus army invites terrorism, invites people to attack it on its face, that's true. if you send a big army in to a place like iraq or into a place like afghanistan then all the bad guys in the region come in to try to attack the army. all right? so i didn't think it was a diminishment of power statement. it seemed to me to ablow jis particular call statement. let's do it another way or am i wrong? >> well, i think it's wrong, historically. he said this in the state of the union message just last month that got very little attention that long term deployments may ultimat
. thank you so much. >> ifill: as defense secretary chuck hagel announced yesterday, the pentagon is grappling with what to keep and what to cut in a time of tight budgets and national security challenges. at the air force, leaders have set their sights on grounding a plane that's been a reliable standby for decades. but it's defenders won't give up without a fight. defense producer dan sagalyn, has been tracking the debate. kwame holman narrates this report. >> reporter: a typical day at martin state airport on maryland's eastern shore includes chemical weapons training with the a-10 warthog. the national guard base is one of the homes of an aircraft beloved by ground forces who see it as their guardian in the sky. its pilots view infantry on the ground as their primary customer, and responsibility. most combat aircraft shoot down other planes or drop bombs or both. but the warthog was designed specifically to come in low and attack enemy forces in a mission called close air support. >> north or south, west of the smoke, west of the smoke. okay copy, west of the smoke i'm lookin
into president obama over proposed defense cuts. he's not the only conservative voice blasting the plan. what do the numbers really show? true politics tonight. >>> a mysterious polio-like illness striking kids in california leaving some paralyzed. doctors are stumped, parents are terrified. dr. sanjay gupta joins me ahead. contact lenses, ask about the air optix® contacts so breathable they're approved for up to 30 nights of continuous wear. ask your doctor about safety information as serious eye problems may occur. visit airoptix.com for a free one-month trial. does it end after you've expanded your business?? after your company's gone public? and the capital's been invested? or when your company's bought another? is it over after you've given back? you never stop achieving. that's why, at barclays, our ambition is to always realize yours. you want everything.orks an expert ford technician knows your car's health depends on a full, complete checkup. the works. because when it comes to feeling safe behind the wheel, going the distance and saving at the pump you want it all. get our multi-point
obama over proposed defense cuts. he's not the only conservative voice blasting the plan. what do the numbers really show? true politics tonight. >>> a mysterious polio-like illness striking kids in california leaving some paralyzed. doctors are stumped, parents are terrified. dr. sanjay gupta joins me ahead. [ male announcer ] this is the cat that drank the milk... [ meows ] ...and let in the dog that woke the man who drove to the control room [ woman ] driverless mode engaged. find parking space. [ woman ] parking space found. [ male announcer ] ...that secured the data that directed the turbines that powered the farm that made the milk that went to the store that reminded the man to buy the milk that was poured by the girl who loved the cat. [ meows ] the internet of everything is changing everything. cisco. tomorrow starts here. ♪ male narrator: there's something positive being generated in california. when ordinary energy is put in the hands of extraordinary people, amazing things happen. the kind of things that drive us to do more, to go further, to be better. we're dedica
in our criminal justice system, you have to have an advocacy on both sides. criminal defense attorneys don't support crime, but they represent the interest of their client. when you're suing someone because you feel like you've been harmed by them, you know, you're not supporting -- when someone is defending them, you're not supporting the harm. you're supporting the adversarial process. if the state attorney general doesn't stand up for the citizens of their state on a particular law, who else will have standing to go into the court system and represent the interests of the state? usually nobody. >> i want to speak to the fact that eric holder is the one delivering this message. where is president obama on this? we all know president obama over the years has quote/unquote evolved on the gay marriage issue. why are we hearing this from eric holder? >> well, you know, he said that he and the president had spoken about this at great lengths and the decision not to defend doma several years ago was one he did not take lightly. that's when he conveyed to the ags. by the way, i appreciated
, but they wouldn't say if they reveal any additional abuse. now, prosecutors and defense attorneys also declined to talk to us about the case today. krueger and warner will be back in court next month. live in the news room, eric rasmussen ktvu channel 2 news. >>> and our coverage continues on ktvu.com. you can read more about today's court hearing and the investigation right on our home page. >>> new at 6:00 shths a teenage girl left permanently paralyzed when she was hit by a stray bullet as she was watching tv inside her home. two months later, she poke with ktvu's rob ross about that night, about the moment she lost feelings in her leg and about how she is determine today walk again. >> i kind of didn't know instantly. >> through physical therapy and determination, she's able to move one leg this much. >> it's going to take time for me to build up walk around with the braces and walker. >> at the age of 19 years old, she's permanently paralyzed from the waist down, but she knows he could have been killed. >> i'm glad i'm paralyzed rather than not here at all because that's how i really do se
with the african president after the april election. after huge defense cuts a budget office reports increases in other areas of domestic spending might be to blame. social security, medicare and medicaid is projected to rise $85 billion. but why should the military suffer? we sat down with sean hannity to discuss the cuts. >> it is not a military stroot teeingic bus el. it cuts muscle to reserve fat. it punishes the troops to reward defense contractors who finished when the taxpayers jumped. i am getting a little tired of hearing that inaccurate comment about coming back to preworld war ii levels in 1940. it is actually worse than that. >> he fears this could lead to an army that is unready and incapable of fighting a major war. >> 28 people died in connection with the 9-11 disability scandal that involves new york police officers firefighters and jail guards. the attorney's office says the accused ripped the social security disability system off by faking psychological disorders for links to the exposure of the 9-11 terror attacks. will we finally get answers on the irs targeting of tea part
cost of providing health care in this country because of defensive medicine and expanding opportunities that people have through tax policy to get their own insurance, tax credits to allow them to have their own insurance policies. so the whole range of good republican ideas out there, but we don't get a chance to get those considered today because in the united states senate at least, democrats blocked those initiatives. you have a president and white house for whom this is his signature initiative. he will certainly veto anything we send him. jenna: you don't get to tell the dealer which cards to give you. you have to just play them, right, senator? that is what you're facing and focus is the election later this year and we'll certainly talk a lot about that. senator, great to have you back on the program as always. thank you so much. >> thanks, jenna. jon: have you heard this? there is a new pitch to make baseball's opening day a national holiday. who is behind it? will it fly? do you like the idea? we're live with that story. jon: a novel pitched to congress about america's pastime.
, could this be a defense strategy here? >> yeah. what i don't know is why on earth he wouldn't employ this strategy 6 1/2 years ago. listen, if you are with a codefendant in a crime, i love to do the sand signals. the best defense is this one. point to the other guy. she did it. he did it. the jury has something called reasonable doubt. they don't know who did it. for him toor departing from the stories, it's problematic for him because we have trial transcripts. we have all sorts of things suggesting he is being inconsistent. i would look at him and say she may have been your sweetheart for a week, but it's not helping you now. you are here in italy and facing the music. throw her under the bus and save yourself. >> if that would be your advice to the team, we know he was her alibi if she comes back to italy. what would that mean for her defense if he is doubting her? >> trial tributes aside, they are also media tributes. that's the kind of thing that would come back in a case against her. his own free will and not under interrogation. he is talking and saying she was acting strange.
. it punishes the troops to reward fat cat defense contractors who sell the taxpayers -- i'm getting a little tired of hearing that inaccurate comment about going back to preworld war ii levels in 1940. it's worse than that. if we go back to the 440 -- or 450,000 troops we had in 1940. in 1940, an infantry division had a much smaller tail. less overhead, fewer systems to be maintained, smaller staffs. that division put a lot of rifle men up front. today a division equivalent. the bringing aids, they have this incredible and important tail, technical infrastructure. it puts fewer rifle men up front. if you go down to 440,000 or lower, you're going to have an army that not only is unready and incapable of fighting any major wars, and even strain -- >> are the pentagon officials -- >> let me just say, it's going to have 100,000 shooters in that army. >> officials said yesterday they're assuming more risks and they're acknowledging more troops would probably die, that's what the pentagon said yesterday, as per the new york times. >> let me first of all say i want to agree with the colonel on the
between defense and nondefense priorities focusing on early childhood education and national security head of financing with of balanced package of tax loophole closers and spending reform over the next 10 years. the president continues to look for ways to make a more sustained investment and one of the highest priorities in that regard is infrastructure. the president will once again propose a reauthorization plan. at the same time we are not waiting for congress to act. in 2011 the president issued an executive order for more transparency and accountability in did the greeks and months ahead -- ahead building on that to make sure they're getting started as quickly as possible. at this saves time to push that infrastructure package to reform the business tax system that will also benefit the economy. business tax reform cuts the top rate at 20% and broaden the base in the process excipient the economy potential that would skew investment decisions. that tax reform would be revenue neutral transitioning to the new system raises the one time revenue and that is what we would use to finance
the ukrainian government building. this is being guarded by self-defense groups. you can see them scattered around the main courtyard area. parliament isn't sitting today. they're putting together the new interim government. if you look around here, you can see the various groups, they've got their food. camped out 24 hours a day. let's go across and speak to some of them. all of them are men. hello, you're on bbc, what's your name? >> oresta. >> reporter: you're the only woman in this group? >> yes. >> reporter: how long have you been camped out here and describe what has happened in the last few days. >> from the first day after the blessing of people and here i will be until the finish, until when they were do the old administration. >> reporter: you lost friends and colleagues in your group from the fighting. >> i lost two friends, but not this group. but there we had many different people, even the old people, old women and some students. they blessed all people. >> reporter: thank you very much. if you look around the square, you can see just on the military truck some more tents have
republicans on the defensive in their 2014 campaigns. in fact, in kentucky yesterday, former president bill clinton riled up the sold-out crowd while stumping for alison grimes, who wants senate minority leader mcconnell's seat. both stayed away from mentioning the health care law, but as today's "first read" points out, both clinton and grimes played the obama dem play book of 2014 by emphasizing the need to raise the minimum wage and reduce income inequality. >> i don't know about you, kentucky, but i'm not going to let any washington politician whose net worth is over $25 million tell me, tell us, that increasing the minimum wage to $10.10 an hour is going to hurt our economy. >> in the end, you can only have a lot of rich people if you have even more middle class people and all the poor folks have a chance to work their way into it. >> joining me now live, nbc news correspondent mark murray. we can see the direction in that race, as well as in many other key races in 2014. >> that was my big takeaway from yesterday, is alison grimes/bill clinton event in kentucky, they were following th
about the bus, but now i am on to cars. the defense summit at washington, d.c., we have the latest from the ukraine as well as pending changes to the u.s. military budget. william cohen will be joining me to give me more details, he served as secretary of defense under president bill clinton. outside the banks, they are talking about skateboarding. we have tony hawk, the legend from state wording, turning the sport into a mega-million-dollar business. all of that and more coming up at 5 p.m. eastern. more "street smart," next. ♪ >> we were talking about an overhaul of the tax code and whether or not it has any legs. that is tomorrow and we will talk some more about it. >> that is good. it has been a long time since we have had comprehensive tax reform bills. >> all the way back to the 80's, right? >> back when the giver was in office. >> 86. >> maybe they can bring ronald reagan back to life. >> we will see. on. >>tony hawk comes that is awesome. >> that's right. stick around, everyone. ♪ the hour, meaning that bloomberg tv is on the markets. let's get you caught up on how the marke
the former defense secretary william cohen. he also served in congress during much of the cold war. secretary cohen, how serious is this situation? the development of it so far? >> well, the situation in ukraine is quite serious, because you have this great divide ideological divide within the country itself. the russians at this point appear to be engaged in some chest pounding. and i think they must take care. the united states is kind of warning them not to go to a cold war mentality. but that warning has to be with some caution as well. we don't want to give the implication to the ukranian people we're about to commit military forces to the region. and i think the signal to the russians has to be, you just invested 50 or $60 billion in building some goodwill. that will dissipate immediately. you don't have to use your military. you certainly have controls over the economy of ukraine, gas, loans, credits. so you can flex muscle but do it in a way that tries to hold the country together. i think that's the message the united states and the e.u. has to send. let's say let's work with russia
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